First Institute Of All Medicines
- Assets
- $0.0
- Revenue
- $179.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, DE
- Founding
- Data as of
- 12/2023
- EIN
- 87-3884220
Organization Overview
First Institute Of All Medicines is located in Milford, DE. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Institute Of All Medicines is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, First Institute Of All Medicines generated $179.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $293.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCTING CRITICAL & CHRONIC ILLNESS CLINICAL RESEARCHES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTING CRITICAL AND CHRONIC ILLNESS CLINICAL RESEARCHES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Z Liu Chairman | Trustee | 10 | $0 |
Yuehua Gu Director | Trustee | 10 | $0 |
Brock J Vinton Trustee | Trustee | 2 | $0 |
Arthur Leong Trustee | Trustee | 2 | $0 |
Michele Capriotti Trustee | Trustee | 2 | $0 |
Yufeng Bai Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,290 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $222,387 |
| Compensation of current officers, directors, key employees. | $222,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $293,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, First Institute Of All Medicines has awarded $8,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE MICHAEL J FOUNDATIO PURPOSE: PARKINSON RESER | $2,500 |
AMERICAN HEART ASSO PURPOSE: STROKE RESEARCH | $2,000 |
ALZHEIMERS ASSOCIATION PURPOSE: SUPPORT ALZHEIM | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Technology And Practice Patterns Institute Inc Bethesda, MD | $3,990,256 | $967,520 |
Phmc Fort Washington Philadelphia, PA | $9,683,580 | $482,939 |
First Institute Of All Medicines Milford, DE | $0 | $179,000 |
Rethink Identity Medicine Ethics Inc Dover, DE | $83,912 | $0 |
Aac Institute Carnegie, PA | $181,871 | $44,300 |
Ms Knowledge Foundation Inc Upper Marlboro, MD | $18,941 | $0 |
Vahe Meliksetyan Foundation Dover, DE | $0 | $0 |
Wh Research Wynnewood, PA | $3,903 | $0 |
Physical Medicine Research Institute Washington, PA | $0 | $0 |
Stiefel Foundation For Dermatological Research Philadelphia, PA | $0 | $0 |